Coinbase’s Armstrong Urges Switch To Bitcoin Classic To Fix Scaling Disaster

Brian Armstrong, co-founder and CEO of Coinbase, left the Satoshi Roundtable very concerned about bitcoin’s scaling challenge and is urging everyone to upgrade to Bitcoin Classic to buy time to address the scaling issue and prevent serious problems. Writing on Medium, Armstrong summed up the scaling divide evident at the Satoshi Roundtable. On one side are […]

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Investing in Bitcoin: Smaller Funds Dominate, Institutional Investors Stay on the Sidelines

From an investment perspective, bitcoin mainly exists in funds held by smaller investors as larger investors remain a bit wary, according to Reuters. Jeremy Millar, the founder and managing partner at Ledger Partners in London, estimated 50% to 90% of bitcoin’s total $6.4 billion market is invested in “near institutional” funds held by individuals at […]

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The Latest Ethminer 0.9.41-genoil-1.0.5 for Windows

The fork of ethminer for Nvidia CUDA GPUs has been updated to a nw version – Ethminer 0.9.41-genoil-1.0.5 (source). The latest release of Genoil’s ethminer for CUDA should bring back support for older Compute 3.0 GPUs, so if you have one of these you should check to see if it will work as it should now (if you had issues with the previous 0.9.41-genoil-1.0.4b3 release). It also has some cleaned up code, but you should not expect to see a performance boost with it. Do note that when running with CUDA it will run only on the first GPU, so you need to manually set the option --cuda-devices 0 1 2 3 4 5 to have for example the miner run on a 6-card GPU mining rig. The fork from Genoil, although targeted at Nvidia CUDA miners, will also work on AMD OpenCL GPUs, but there it should not be any different than from the default ethminer that is OpenCL only.

– To download and try the latest Ethminer 0.9.41-genoil-1.0.5 for Windows OS…

Report: Two Venezuelan Men Arrested for Mining Bitcoin

According to a local report, two men in the city of Valencia, capital of the state of Carabobo, Venezuela were arrested by the Bolivarian Intelligence Service, the primary intelligence agency in Venezuela. The arrests were made few days ago, for mining bitcoin. Earlier this week on Monday, an article was published on a state-owned media […]

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Good News for Bitcoin sellers in Coinlink.net

Bitcoin Press Releases: “BANK TRANSFER” this is the request of a lot of sellers on COINLINK. As customers are prioritized this feature for withdrawing money was added, with fees as low as 0.5%, to maintain an improved experience on their platform. Besides, a Deposit Money Simulator and a Withdraw Money Simulator were added to the […]

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Bitcoin Trading Platform BitQuick down 2 to 4 Weeks after Cyber Attack

In light of the recent Cryptsy debacle where millions of dollars worth of Bitcoin and other cryptocurrencies went missing after a malicious attack, another cryptocurrency exchange in BitQuick has become victim to hackers. In a blog post published on their website on March 17th, 2016, Founder and CEO as well as Customer Service Rep. (respectively) […]

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Bitcoin Price Drops Out Of A Bull Trap

Bitcoin price was washed over two waterfalls today and looks set to drop onto a support shelf at $400. With the price chart looking more bearish than it has for weeks, that may not be the end of decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]

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